Energy ETFs Jump Ahead of Two Consecutive Gulf Coast Storms
August 24, 2020 at 14:35 PM EDT
Energy-related exchange traded funds surged Monday as oil markets rose on expectations of supply disruptions across the Gulf of Mexico with two back-to-back storm systems making landfall. On Monday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 3.8%, VanEck Vectors...